Investor Presentaiton
Introduction
Key investment highlights
Trusted Content
Well-known brand and trusted content provide competitive
moat and lower traffic acquisition cost
Advanced Local Ad Platform
Broad-based advertising model with large TAM and significant
monetization opportunity fueled by emerging technologies
Sustainable Growth
Portfolio of product initiatives to drive sustainable, profitable
growth over the long term
Profitable Business Model
Structurally efficient business model driven by
product innovation and accretive sales channels
Prudent Capital Allocation
Nearly $1.4 billion returned to shareholders
through repurchases¹
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Strong Governance
Talented Board with diverse skill set and focus on
performance, including ESG
'As of December 31, 2023
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